Sunday 5 February 2012

The Panels Are Up

Well, we finally did it, signed on the bottom line, BACSed the money and our PV panels were installed at the end of last week. They've even generated a modest about of energy since then. It's not the cheapest way of reducing our carbon footprint but it's one that is automatic from now on. I'll be interested to see what FiT rate we finally qualify for but I've crunched the numbers and, even making very modest assumptions about electricity price escalation, the whole thing just about works at 21p. Of course - if interest rates rocket and inflation doesn't then I'll have to admit to making a poor investment choice. Watch this space - for a good few years to come!

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